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Bristol-Myers Squibb BMY Net debt / EBITDA

Net debt / EBITDA at other companies

Pfizer logo
PfizerPFE
3.8×
Johnson & Johnson logo
Johnson & JohnsonJNJ
+0.5×
Merck & Co. logo
Merck & Co.MRK
+1.7×
Incyte logo
IncyteINCY
-2×-0.8×
Gilead Sciences logo
Gilead SciencesGILD
1.4×-0.6×
Neurocrine Biosciences logo
Neurocrine BiosciencesNBIX
0.2×-0.3×

Other financials

Income statement

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Revenue$11.5B+2.6%
Gross profit$8.1B-1.2%
Net income$2.7B+9.0%
EPS (diluted)$1.31+9.2%

Balance sheet

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Cash & equivalents$9.6B-12.0%
Total debt$44.7B-10.5%
Total equity$20.1B+15.4%
Total assets$86.5B-6.4%

Cash flow

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Operating cash flow$1.1B-43.5%
CapEx$347.0M+33.5%
Free cash flow$757.0M-55.3%

Valuation

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Market cap$112.89B-0.2%
Enterprise value$147.97B-2.6%
P/E15.5×-5.6×
P/S2.3×0.0×

Profitability

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Gross margin70.5%0.0pp
Net margin15%+3.8pp

Returns & leverage

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Return on equity38.8%+7.3pp
Debt / equity2.2×-0.6×
Current ratio1.4×+0.1×

Where this comes from

Calculated from Bristol-Myers Squibb’s reported figures.

Based on the most recent quarter.

The official record: Bristol-Myers Squibb’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bristol-Myers Squibb's net debt / EBITDA?
Bristol-Myers Squibb (BMY) reported net debt / EBITDA of 2.7× in Q1 2026.
How has Bristol-Myers Squibb's net debt / EBITDA changed year-over-year?
Bristol-Myers Squibb's net debt / EBITDA decreased by 4.4% year-over-year, from 2.8× to 2.7×.
What is the long-term trend for Bristol-Myers Squibb's net debt / EBITDA?
Over 4 years (2021 to 2025), Bristol-Myers Squibb's net debt / EBITDA has grown at a -10.7% compound annual growth rate (CAGR), from 17.3× to 11×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.